NOT LISTED FOR SALE

704&706 S Central St Olathe, KS 66061

Estimated Value: $267,000 - $300,594

6 Beds
2 Baths
-- Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: May 20, 2025

Current estimated payment $1,734 / mo

3 Days on Market

Highlights

  • Deck
  • No HOA
  • Central Air
  • Olathe North Sr High School Rated A
  • 1 Car Attached Garage

About This Home

As of May 2025

Great investment opportunity in good location. Each unit has 3br's and 1 bath with a basement and 1 car garage. HVAC approx. 3 yrs old. New HWH in 704. Easy to rent and has always been rented. Steel siding and new decks added on front and back of each unit approx. 2yrs ago. Both sides currently rented and both renters would like to stay after lease is expired. Olathe schools The city is currently adding new curbing. Home needs some updates and priced accordingly. Consistent revenue generator. Seller is selling "as is"

Last Agent to Sell the Property

Jerry Kelso

Kelso Real Estate Brokerage Phone: 913-669-8000 License #BR00018265 Listed on: 04/29/2025

Last Buyer's Agent

Jerry Kelso

Kelso Real Estate Brokerage Phone: 913-669-8000 License #BR00018265 Listed on: 04/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1964

Lot Details

  • 0.27

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 2 Bathrooms
  • 2-Story Property
  • Basement
  • Laundry in Basement

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Schools

  • Ridgeview Elementary School
  • Olathe North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service

Additional Features

  • Deck
  • 11,761 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number DP63400001-0027
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ridgeview Addition Subdivision

Building Details

  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,200

Year Built

Built in 1964

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1964
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Jerry Kelso
  • Listing Service: Full Service
  • List Office Mls Id: HMSKELSO
  • List Office Name: Kelso Real Estate
  • List Office Phone: 913-669-8000
  • Mls Status: Sold
  • Operating Expense: 1800
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Attribution Contact: 913-669-8000
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Range
  • Basement: Yes
  • Laundry Features: In Basement
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Metal Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 1

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Other
  • Cooling: Yes
  • Electric: 100 Amp Service
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Owner Manager

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Security 1st Title

Schools

  • Middle/Junior School: Indian Trail
  • Junior High Dist: Olathe

Lot Info

  • Zoning: R-1
  • Lot Size Sq Ft: 11761.2
  • Parcel Number: DP63400001-0027
  • Subdivision Name: Ridgeview Addition
  • ResoLotSizeUnits: Acres
  • In Flood Plain: No

Building Info

  • Number of Units Total: 2

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 24000
  • Current Occupancy Rate: Over 95%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 2200
  • Tax Abatement YN: 0

MLS Schools

  • Elementary School: Ridgeview
  • High School: Olathe North

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2026
Sold by
Bought by
Current Estimated Value
$280,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$215,000
Interest Rate
6.01%
Mortgage Type
New Conventional
Estimated Equity
$65,149

Purchase Details

Listed on
Apr 29, 2025
Closed on
May 20, 2025
Sold by
Bought by
Seller's Agent
Jerry Kelso
Kelso Real Estate
Buyer's Agent
Jerry Kelso
Kelso Real Estate
List Price
$280,000
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Security 1St Title
-- Security 1St Title
-- Security 1St Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $215,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/20/2025 05/20/25 Sold -- -- --
05/02/2025 05/02/25 Pending -- -- --
04/29/2025 04/29/25 For Sale $280,000 -- --
Source: Heartland MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,761 $25,518 $5,675 $19,843
2024 $2,891 $26,312 $5,024 $21,288
2023 $2,835 $25,058 $5,024 $20,034
2022 $2,472 $21,310 $4,568 $16,742
2021 $2,230 $18,204 $3,803 $14,401
2020 $2,120 $17,170 $3,457 $13,713
2019 $2,577 $17,699 $3,457 $14,242
2018 $1,621 $15,249 $2,877 $12,372
2017 $1,704 $13,535 $2,877 $10,658
2016 $1,432 $11,718 $2,617 $9,101
2015 $1,337 $10,971 $2,617 $8,354
2013 -- $10,189 $2,617 $7,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2546140

Heartland MLS

APN: DP63400001-0027

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